Wind farm developers behind two unsuccessful bids in the first Offshore Renewable Electricity Support Scheme (Oress) auctions will sell their energy to private companies.
Both the 800 megawatt (MW) Arklow Bank Wind Park II, which is being developed by SSE, and the 375MW Oriel Wind Farm — a joint venture between Parkwind and the ESB — failed to secure contracts last week. They will engage with private companies to sell their energy. Both camps intend to carry forward with their projects but neither confirmed that they were in talks to strike corporate purchase power agreements.
An industry insider told The Sunday Times that deal terms will not be as good as the state’s auction.
Developers behind the four successful projects — which have locked in
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